Financial Institutions

Clearing - Definition and Meaning
Definition and explanation of the clearing system in banking, including its processes and significance.
banking system - Definition and Meaning
An overview and detailed breakdown of the banking system, encompassing traditional banks, central banks, regulatory bodies, and shadow banks.
Clearing Bank
A clearing bank is a financial institution that is a member of the clearing-house and facilitates the clearing of cheques and other payments.
Discount House
A financial institution specializing in discounting bills of exchange
Friendly Society
Overview and analysis of friendly societies as non-profit financial institutions in the UK
Lloyd’s: Definition and Meaning
An in-depth look into Lloyd’s, a prominent London-based insurance market known for its global operations by individual investors or 'names' and its recent inclusion of company memberships.
London Stock Exchange
A comprehensive entry on the London Stock Exchange, detailing its definition, historical significance, and major analytical frameworks.
member bank
A bank that belongs to a clearing system or, in the US, a bank that is part of the Federal Reserve System
Money at Call and Short Notice
An exploration of the definition, meaning, and context of 'money at call and short notice,' specifically focusing on its liquidity, uses, and relevance in the banking sector.
Overseas Bank
A foreign bank with a branch or subsidiary operating in the UK.
Wholesale Banking
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.